The clearing and settlement operation of the
Euro Banking Association, EBA Clearing, has announced the beginning
of a technical pilot for its e-payment solution MyBank.
From June to October 2012 MyBank will be
tested with banks from Austria, France, Greece, Italy and
Luxembourg both at a national and at a crossborder level.
Go deeper with GlobalData
Merchants, customers, integrators and routing
service providers will also be involved in the testing “to ensure
that the different components of MyBank work together seamlessly
and give an excellent end-user experience”, EBA Clearing said.
Wijnand Jongen, Member of the Executive
Committee, Ecommerce Europe at EBA Clearing said:
“The European e-merchant community
is eagerly awaiting an online banking based e-payment
solution that will work at a pan-European level. We look forward to
sharing its key benefits, such as high security levels, with
customers across Europe.”
Regarding the Single Euro Payments Area
(SEPA), EBA Clearing said that in the first phase MyBank will
support the initiation of SEPA Credit Transfers via browser-based
applications.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData A mobile application and functionality
supporting the creation or modification of e-mandates for SEPA
Direct Debits is planned to follow later in 2013, the association
revealed.
EBA hopes to fully deploy MyBank by
early 2013.
